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  Contract Administration
   
 
   
 

Contract Administration services performed by Draper & Associates help ensure that the contractual requirements are being met by all parties to the contract. These services include:

  • Creation, administration and oversight of contracts between the client and third party vendors
  • Creation and maintenance of active contract files and the archiving of files for closed contracts
  • Develop content, approach and processes for the proper execution and administration of a contract
  • Establishing a central filing system to provide the documentation required to keep track of a project's progress, explain the decision-making involved in the project and the supporting information required to pass both internal and external file reviews
  • Establishing and maintaining an electronic database of all contract documents
  • Developing the policies for and conducting contract file reviews as part of internal quality control procedures and client requirements
  • Establishing and implementing procedures for archiving and retrieving closed-out project files that are stored off-site

A specialized form of Contract Administration services provided by Draper & Associates focuses on the construction industry. Construction Contract Administration services provided by Draper & Associates include the following:

  • Review and recommend approval of Design Base Lines and their relationship to their associated programming analyses
  • Review Payment and Performance Bonds and Insurance Certificates for contractual compliance
  • Review and assess contractor's Overall Project Schedule
  • Review and recommend approval of Component Change Orders
  • Review and recommend approval of Guaranteed Maximum Price Change Orders
  • Review trade contractors and suppliers bids
  • Review and assess project schedule status
  • Review and recommend approval of Payment Applications based on contractual compliance
  • Assess budget status and when necessary recommend measures to protect against shortfalls
  • Assess the satisfaction of contractual requirements for Substantial Completion
  • Assess the satisfaction of contractual requirements for Final Completion
 
   
 
   

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